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"the new york times" added more detail including this amazing quote from rep michael c. burgess of texas. "there's always better ground, but we have to get there." in this case the better ground is exchanging the threat of a congressionally induced recession for the threat of a congressionally induced global financial crisis combined with recession. that, that is your better ground? that's a big plan? it's not -- it's not better ground for the economy. and, frankly, i find it difficult to see how it's better political ground even for the gop. i figured, i didn't get it. so i figured this was beyond my small political brain to understand. so i asked some of my smarter hill republican friends what the near r theory was here. they told me the idea is while the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republ
"the new york times" added more detail including this amazing quote from rep michael c. burgess of texas. "there's always better ground, but we have to get there." in this case the better ground is exchanging the threat of a congressionally induced recession for the threat of a congressionally induced global financial crisis combined with recession. that, that is your better ground? that's a big plan? it's not -- it's not better ground for the economy. and, frankly, i find...
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nicole petallides on the floor of the new york stock exchange. welcome back, nicole. what's going on? >> thanks, adam and melissa. we're looking at a market holding onto some gains so that is obviously a positive sign. december is traditionally the a great month on wall street. the best month since back to 1950, s&p 500 best performing month, up 1.7%. here is as we see the divergence here's what we're seeing lately as there is so much concern about the fiscal cliff. the nasdaq is down about half a percent. the dow down half a percent. s&p also gaining. dow jones industrials up 59 points. some names leading the you way include caterpillar and jpmorgan. pulling other the way way, microsoft, verizon. the jobs report, everybody takes it what it is. they're well aware of revisions for the prior month which were not as good as they first appeared. back to you. adam: nicole, thank you very much. we'll see you in 15 minutes. melissa: speaker of the house john boehner calling the past week of negotiations over a fiscal cliff a waste. even if both sides co
nicole petallides on the floor of the new york stock exchange. welcome back, nicole. what's going on? >> thanks, adam and melissa. we're looking at a market holding onto some gains so that is obviously a positive sign. december is traditionally the a great month on wall street. the best month since back to 1950, s&p 500 best performing month, up 1.7%. here is as we see the divergence here's what we're seeing lately as there is so much concern about the fiscal cliff. the nasdaq is down...
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it will move from the new york stock exchange to nasdaq later this month and trade under the current ticker, gt. >> aig preliminary estimate after tax losses related to superstorm sandy will total roughly $1.3 billion. that's the latest from the fox business network, giving you the power to prosper lauren: welcome back. time for a quick speed read of some of the day's other headlines, five stories one minute. first up the e.u. strongest member showing weakness. germany's central bank cutting its growth forecast saying german gdp will likely only expand 4% next year down from the previous estimate of 1.6%. >>> california attorney general suing delta air lines distributing the fly mobile app without a privacy policy. first in the state legal action under the online privacy law. >>> india is hoping to open big box retailers like wal-mart. they say foreign companies can own a 51% stake in retailers for the first time. >>> they uncovered a drug smuggling tunnel 39 feet below ground and ran 131 feet and equipped with ventilation and electricity systems. >>> 50 shades of gray, announcing at
it will move from the new york stock exchange to nasdaq later this month and trade under the current ticker, gt. >> aig preliminary estimate after tax losses related to superstorm sandy will total roughly $1.3 billion. that's the latest from the fox business network, giving you the power to prosper lauren: welcome back. time for a quick speed read of some of the day's other headlines, five stories one minute. first up the e.u. strongest member showing weakness. germany's central bank...
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the new "new york times" put thn the front page saying mcdonalds pays her $8, but she deserves $15 #. civil ights groups, union demands a higher living wage, and they may get it. [chanting] >> the big bad union like the big bad wolf like the government use force. if they want a $15 minimum, that's what employers must pay. that sounds good to people. everyone will get a raise. the problem comes from what is not seen. i can interview the guy who got a raise. i can't interview the guy who didn't open a mcdonalds because work rules were too onerous or those never offered a job because high union paid skills protected him out of a job. we don't know who those people are. they are the unscene victims of the government's protections. it's frustrating to explain the unseen. sometimes i fear no one understands so it's a
the new "new york times" put thn the front page saying mcdonalds pays her $8, but she deserves $15 #. civil ights groups, union demands a higher living wage, and they may get it. [chanting] >> the big bad union like the big bad wolf like the government use force. if they want a $15 minimum, that's what employers must pay. that sounds good to people. everyone will get a raise. the problem comes from what is not seen. i can interview the guy who got a raise. i can't interview the...
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first let's go to new york for the headlines. >> good to see you. president obama calling egypt's president telling him the deadly violence is unacceptable. cairo has seen huge protests since president morsi gave himself close to absolute powers. clashes outside his palace leaving six people dead and more than 700 injured. morsi called for talks but showed no signs of making. mcafee is back in custody. he is wanted for questioning. he was seek being asylum in guatemala. the doctor said he doesn't seem to have a heart attack and maybe under high stress. >>> hundreds storming the michigan state capital and hours ago they voted to approve right to work legislation. governor rick snyder saying the measure is not anti-union, it's pro worker. joining us is rick cline, and mr. mccormack and byron york. >> a couple things caused the legislator to go ahead and pass it and then the protests. one is the wave of union-limiting legislation and action that's taken place in wisconsin, and indiana pass add right to work act earlier this year. and the other thing is
first let's go to new york for the headlines. >> good to see you. president obama calling egypt's president telling him the deadly violence is unacceptable. cairo has seen huge protests since president morsi gave himself close to absolute powers. clashes outside his palace leaving six people dead and more than 700 injured. morsi called for talks but showed no signs of making. mcafee is back in custody. he is wanted for questioning. he was seek being asylum in guatemala. the doctor said he...
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joining us now from new york is watters. all right. i have got a couple of questions about that. >> okay. >> bill: the girls said jesus was born in bethlehem, pennsylvania. must have been putting you on, right? >> i think she might have been putting me on but she was a factor fan so you never know with these people. >> bill: i think she was giving you a little jazz there. >> i hope she was giving me jazz. >> the best line of all is that jesus had people skills. [ laughter ] >> yeah. i like the three wise men were bringing jesus a lamb. why we need a lamb? >> bill: somebody had to have dinner. so maybe they did. >> do you know, watters, here is my question to you because one of the people said that the three wise men, there was astrology involved. that's actually true. that's actually true. >> yes. >> bill: that he they were people who actually navigated by the stars. where did they come from? where did the three wise men come from? >> arabia, persia and india. >> bill: no. >> no? >> persia. >> look it up. >> present day iran. >> look i
joining us now from new york is watters. all right. i have got a couple of questions about that. >> okay. >> bill: the girls said jesus was born in bethlehem, pennsylvania. must have been putting you on, right? >> i think she might have been putting me on but she was a factor fan so you never know with these people. >> bill: i think she was giving you a little jazz there. >> i hope she was giving me jazz. >> the best line of all is that jesus had people...
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nicole petallides standing by at the new york stock exchange. nicole: i am looking at avon products. you may remember coty which made a bid and then made a sweetened offer and avon rejected it. now it is up 5%. it is a top performer on the s&p 500. alpha is now reporting that coty may step in again. this was back in may when they raised their bid to 24.75. it sounds pretty good when you are trading at $14. we will see what actually transpires. right now, we may be seeing coty stepping in once again. cheryl: nicole petallides, thank you very much. should the u.s. start exporting natural gas? with the benefits the overall worth it? liz claman talk to a man at the forefront of this. andrew liveris. liz: let's go all in. the report makes a bold prediction. it will boost the u.s. economy $547 billion in just seven years and create jobs, which, of course, we desperately need. >> one report does not make a plan. it is fundamentally flawed. $90 billion at $3 million actually 20 times value that would be under threat if they went ahead and took the recom
nicole petallides standing by at the new york stock exchange. nicole: i am looking at avon products. you may remember coty which made a bid and then made a sweetened offer and avon rejected it. now it is up 5%. it is a top performer on the s&p 500. alpha is now reporting that coty may step in again. this was back in may when they raised their bid to 24.75. it sounds pretty good when you are trading at $14. we will see what actually transpires. right now, we may be seeing coty stepping in...
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for us that is it good night fr new york. neil: influential tea partier jim demint is leaving senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know it is dead. i am neilavuto, allow me to be so blunt to say, what else can you saybout a light taken out of the party, rublicans who 1 proudly school their taxrowned over decades, seeding that and then some over weeks, only real debate among the grand old party is how much to hike taxes, not if. i did not know they lost their backbone. starting 800 billion in tax hikes to match the president, shouldn't surprise anyone whetr we doubled that to $1.6 trillion, that will become the new starts point for the president. new york times and front page story praising john boehner's grip to the party here, appears to be towing to the middle. matter, they don't matter. argue aming over size of tax hikes, argue than size of spending cuts do not matter. this republican met morris is to a light
for us that is it good night fr new york. neil: influential tea partier jim demint is leaving senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know it is dead. i am neilavuto, allow me to be so blunt to say, what else can you saybout a light taken out of the party, rublicans who 1 proudly school their taxrowned over decades, seeding that and then some over weeks, only real debate among the...
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new york is suffering. >> i don't know where i'm going to be this christmas. i really don't. i hope i'm not in this house. >> you will be enjoying the sun in hawaii while i'll be enjoying no lights in my house. not fair. on our tax dollars you are enjoying a trip while i'm still homeless. not fair. >> mr. president, are you listening? i was watching your interview, you were in for kneel yesterday, and the one guy that mentioned the finger, there's no fema, there's no answers, there's no government help. all there were were photo ops and good-bye. >> i asked where he was and he was standing in front of his house. we tried to book him to come into the studio and he said he can't leave because he's worried about the generators. he was worried people would steal his generators if he left the front of his house. it was just amazing. earlier in the day they were on capitol hill, they were all patting each other on the back, what a great job fema was doing, what a great job they were all doing and meanwhile this guy can't walk away from the front of his house because he's afraid som
new york is suffering. >> i don't know where i'm going to be this christmas. i really don't. i hope i'm not in this house. >> you will be enjoying the sun in hawaii while i'll be enjoying no lights in my house. not fair. on our tax dollars you are enjoying a trip while i'm still homeless. not fair. >> mr. president, are you listening? i was watching your interview, you were in for kneel yesterday, and the one guy that mentioned the finger, there's no fema, there's no answers,...
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the rockefeller tree in new york city is 9th tallest, only the 9th at 74 feet and it is big. we'll be back with my two cents more [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... and you see the man you fell in love with. she's everythio you. buyour erectile dysfction - that could be a question of blo flow. cialis tadafilfor daily use hes you be ready anytime the momoment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications,
the rockefeller tree in new york city is 9th tallest, only the 9th at 74 feet and it is big. we'll be back with my two cents more [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready...
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nicole petallides on the floor of the new york stock exchange. let's go with apple. they opened higher today. now they have moved fraction down. tell us what apple is in the news, tell me where it is. nicole: apple is to the downside. we have talked about it so much all week long, the 50 day moving average is below the 200 day moving average. it was somewhat inevitable. it happened today so now you look at key levels. below areas where people are looking at buying was 518 at yesterday's's low or 505. on the other side, the upside, the resistance here is going to be around 601. stuart: if you get to 601 you expect a wave selling and 518 or 505 you waver coin. that is 545 or 550, right in the middle, that is where it is. i think i have got it. thank you very much. let's get to the big story of the day, the november jobs report, 350,000 people, this is the key number, left the work force last month. the labour participation rate also fell. the unemployment rate came down. at number, that is not a good smell and. >> that is an astonishing number but we have seen numbers
nicole petallides on the floor of the new york stock exchange. let's go with apple. they opened higher today. now they have moved fraction down. tell us what apple is in the news, tell me where it is. nicole: apple is to the downside. we have talked about it so much all week long, the 50 day moving average is below the 200 day moving average. it was somewhat inevitable. it happened today so now you look at key levels. below areas where people are looking at buying was 518 at yesterday's's low...
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for "good morning america," ron claiborne, abc news, new york. >> what a story. >>> now, let's turn to sam with some cold air and snow coming up for parts of the region? >> yeah. at some point, elizabeth, we're going to be talking snow by the time the weekend is done. so, let's set it up. we have beautiful, mild temperatures heading into the weekend. memphis, to dallas, to houston, to new orleans, to atlanta. all those numbers in the 60s and 70s. even raleigh and washington coming in with good temperatures. the bitter cold air stays north of the border. watch the temperatures drop. denver, 19 by sunday, 28 by monday. there's snow moving in. could be more than three inches of snow, moving in with this area. and even in dallas, by the time we get to the end of the weekend, to the first of the week, the outskirts of town could be picking up light snow with this cold air. you're 40 by the time we get to monday. chicago, if you get snow this weekend, then you won't have the longest stretch of no-snow days. if you don't get it this weekend, it is the longest stretch of no-snow days, since th
for "good morning america," ron claiborne, abc news, new york. >> what a story. >>> now, let's turn to sam with some cold air and snow coming up for parts of the region? >> yeah. at some point, elizabeth, we're going to be talking snow by the time the weekend is done. so, let's set it up. we have beautiful, mild temperatures heading into the weekend. memphis, to dallas, to houston, to new orleans, to atlanta. all those numbers in the 60s and 70s. even raleigh and...
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boros of new york city. bill: staten island where they are improving. martha: now zimmerman is suing. he said a phone call made him soeupbd like sound like a racist. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. zimmerman is suing nbc news for airing an edited version of his 911 call. zimmerman claims that the network defamed him to make him sound like a racist and predatoryvill predatory villian. here is a version of what they played. >> this guy looks like he's up to no good. he looks black. martha: now listen to the unedited version. >> this guy looks like he's up to no good, or he's on drugs or something. it's raining, and he's just walking around looking about. >> okay and this guy, is he white, black or hispanic. >>
boros of new york city. bill: staten island where they are improving. martha: now zimmerman is suing. he said a phone call made him soeupbd like sound like a racist. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near...
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plus, why the man accused of pushing somebody in front of a new york city subway says it was really the victim's fault. that's ahead from the journalists of fox news on this thursday fox report. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> shepard: that one time on the run software mogul john mcafee was reportedly going back to belize to face questions about the death of one of his neighbors. he is in the hospital after reportedly suffering co
plus, why the man accused of pushing somebody in front of a new york city subway says it was really the victim's fault. that's ahead from the journalists of fox news on this thursday fox report. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to...
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york over the holidays for the next several weeks and think that they may have partners from new york city, they should be aware of this and talk to their providers about potentially getting the vaccine themselves before they travel. >> routine vaccination is recommended for middle and high school students and college students living in dorms. >>> arizona isn't the only state to protest the controversial share fair. california is doing it too. drag queens calling themselves the sisters of perpetual indulgency invaded a dinner party for joe arpaio. he spoke at a middle school after he received 50 letters from 8th graders questioning him about the immigration rules, but the school canceled the meeting. >> they accused me of running concentration camps, they called me a racist, so i wanted to meet with the kids and tell them the truth. >>> the school district's media rep said she was too busy to explain on camera but denied there was ever a meeting between the two. >>> 5:10 now, chemical weapon concerns is the united states ready to use military force in syria. >>> plus christmas miracle
york over the holidays for the next several weeks and think that they may have partners from new york city, they should be aware of this and talk to their providers about potentially getting the vaccine themselves before they travel. >> routine vaccination is recommended for middle and high school students and college students living in dorms. >>> arizona isn't the only state to protest the controversial share fair. california is doing it too. drag queens calling themselves the...
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nicole petallides on the floor of the new york stock exchange. nicole: would we got our jobs numbers, we saw the futures go from negative territory into positive territory. we aren't out of 33 points on the dow jones industrial. the nasdaq is lower. connell: there were 146,000 jobs added in the month of november. breaking news from washington. the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then cuts. and indefinite, infinite increase on the debt limit forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for a
nicole petallides on the floor of the new york stock exchange. nicole: would we got our jobs numbers, we saw the futures go from negative territory into positive territory. we aren't out of 33 points on the dow jones industrial. the nasdaq is lower. connell: there were 146,000 jobs added in the month of november. breaking news from washington. the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then...
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christine romans, cnn, new york. >>> danny boston is with me now. he is an economist professor at georgia tech. he predicted this, right? everybody else thought it was dismal. you have been the ocht mist for many, many months now. why did this catch so many people off guard? >> if you look at homes, if you look at the housing sector that's coming back, and then retail sales using the holiday season were very strong. 5.8% in store fronts and 20% on-line sales. there's a lot of strength there, and economists have thought that hurricane sandy would have an adverse affect, and it hurt some, but there's so much going on that the economy -- >> is it possible we haven't seen the full impact of hurricane sandy, that we still might see some of those jobs lost, and it just hasn't been the numbers have not caught up to it yet to the reality? >> absolutely right. we do have to wait another month to get the full picture of it, but it was interesting that we saw initial claims for unemployment compensation initially spiked up right after sandy, and then they bega
christine romans, cnn, new york. >>> danny boston is with me now. he is an economist professor at georgia tech. he predicted this, right? everybody else thought it was dismal. you have been the ocht mist for many, many months now. why did this catch so many people off guard? >> if you look at homes, if you look at the housing sector that's coming back, and then retail sales using the holiday season were very strong. 5.8% in store fronts and 20% on-line sales. there's a lot of...
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i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another reminder of how terribly vulnerable japan is to an assortment of natural disasters. memories of that triple tragedy in 2011 are vivid for all of us, but especially up in the northeastern coast of japan, which has yet to rebuild since last year's tragedy. here in tokyo, the 7.3 magnitude earthquake rattled windows and shook walls for several minutes. buildings swayed but there were no immediate reports of damage or death. there were ten injuries. off the northeast coast. sirens blaired as officials issued immediate warnings for residents to escape to higher ground. >> t
i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another...